Armenia to import 400 China-manufactured buses

PanARMENIAN.Net - Armenian delegation led by Yerevan Mayor Karen Karapetyan had a working meeting with Beijing transport committee on the sidelines a visit to China’s capital.

At the meeting, Armenian delegation was briefed on China’s strategy and management in transport sector. The delegation, in turn, presented reforms in Armenia’s transport sector, offering Chinese partners to participate in investment programs. Chinese side expressed readiness to study the proposals as well as offer expertise in case of necessity.

Credit purchase of 400 China-manufactured buses was discussed with the manufacturer locally.

Yerevan Mayor also met with the chairman of Huawei Technologies telecommunications equipment company chairman to discuss opening of Huawei Technologies center in Yerevan, as well as cooperation-related issues.

A memorandum of understanding for implementation of joint activities was signed.

Further, Beijing hosted a business committee session, with representatives of private and state companies of China participating. At the session, the delegation submitted 6 major investment programs to be implemented in Armenia.

A visit to Beijing tourist center was also on Armenian delegation’s agenda, Yerevan Mayor's Office reported.